Discover huge income potential in one of Thousand Oaks's most desirable neighborhoods. This refreshed single-story, three bedrooms, two bathrooms home features new carpet, fresh paint, and a low-maintenance turfed yard complete with a putting green. What truly sets this property apart is its extraordinary nineteen thousand two hundred square foot lot—the largest in the neighborhood. The property's unique layout includes a massive lower section with its own private street access, creating a rare opportunity that feels like owning two separate lots. These grounds offer exceptional flexibility and development potential, making them ideal for an additional new home build, two to three accessory dwelling units, major home expansion, multigenerational living, or a variety of income-producing opportunities. Whether you are looking to maximize rental income, accommodate extended family, or create long-term equity, the possibilities are remarkable. Beyond the financial upside, enjoy direct access to newly developed biking paths and trails along with a beautiful nearby park. Lots of this size and versatility are exceptionally rare in this area—a true diamond in the rough. Properties offering this combination of location, lifestyle, and development potential seldom come to market. If you have been searching for a home that allows you to create, grow, and generate value for years to come, look no further.